The global acoustic wave sensor market is estimated at $387.12 Million
in 2015 and is projected to reach $1,183.52 Million by 2020, at a CAGR
of 25.0% from 2015 to 2020.

In acoustic devices, the change in the oscillation frequency is
monitored when it responds to the input stimulus, which could be
physical, chemical, or biological. The acoustic propagation path is
monitored as it propagates over the surface of any material. The change
in the propagation path affects the velocity and amplitude of the wave.
The phase characteristics of the wave help monitor the change in
velocity, which can be further mapped to the physical quantity being
measured. Acoustic wave sensor has widespread applications across varied
industry verticals, such as automotive, medical, industrial, and
commercial sectors.

The report includes company profiles of major players, recent activities
in the market, new product launches, mergers & acquisitions,
collaborations and partnerships, and SWOT analysis.

The global acoustic wave sensor market is primarily driven by their
wireless and passive nature. This implies that no power needs to be
separately applied to the sensor as it gets the energy from
interrogating RF pulse to excite SAW and transmit its response. Wireless
nature provides them the ability to measure parameters such as torque,
pressure, and temperature on rotating components with simplicity. .